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Updated about 6 years ago,

Ryan Farran's profile image
Ryan Farran's profile image
Ryan Farran
  • Member since Jan 3, 2019
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Ryan Farran's profile image
Ryan Farran's profile image
Ryan Farran
  • Member since Jan 3, 2019
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Ryan Farran
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Starting Out

Help understanding how much money I can borrow for a BRRRR

Ryan Farran
Posted

Lets say I find a home listed for $100k, it needs $20k of rehab, but the ARV will be $150k when I'm done. When trying to get a loan, can I get a loan for the $120k so that I have the money to do the rehab.....or would most get a loan for the $100k and out of pocket pay the $20k for the rehab?

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